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Joined: Sep 2011
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Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
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I put in a contract, and it tripped overnight. That was for a thousand bushels, should I have done more?
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Joined: Jan 2004
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Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2004
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If we can’t make money on $8.00 corn we’re in the wrong line of work Richard.
😁
I started contracting at $7.04.
Black Cows Matter!
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Joined: Nov 2009
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Campfire Ranger
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Campfire Ranger
Joined: Nov 2009
Posts: 15,885 Likes: 1 |
I know nothing about contracts, like wabi is referring too.
Is Wabi saying that he has sold a 1000 bushels of corn for $8.00/bushel that he hasn't grown, yet? Is there a delivery time limit on this corn? How about delivery destination? Does he get payment up front or when delivered?
Old Turd- Deplorable- Unrepentant Murderer- Domestic Violent Extremist
Just "Campfire Riffraff and Trash"
This will be my last post! Flave 1/3/21
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Joined: Sep 2011
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Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,938 Likes: 15 |
I'm green at this, I just told the local elevator where we have corn stored that I wanted to sell x number of bushels at a certain price. If, and when it hits that, it's sold.
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Joined: Feb 2006
Posts: 43,909 Likes: 11
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2006
Posts: 43,909 Likes: 11 |
I put in a contract, and it tripped overnight. That was for a thousand bushels, should I have done more? Well, Richard, how many bushel do you have left to sell? We are in the same boat regarding some old crop spring wheat. March of 2021 the wheat market made a little rally, went from roughly $5 to 7/bushel. My old man had a stash and was going to sell it all. I said given that it is drier than hell let's sell half and see what happens. The rest is history now with spring wheat at $11. And we still haven't sold the remaining half....lol
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Joined: Apr 2017
Posts: 3,262
Campfire Tracker
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Campfire Tracker
Joined: Apr 2017
Posts: 3,262 |
Bulls make money...
Bears make money...
Hogs get slaughtered...
"If there are no dogs in Heaven, then when I die, I want to go where they went"
Will Rogers
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Joined: Apr 2019
Posts: 415
Campfire Member
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Campfire Member
Joined: Apr 2019
Posts: 415 |
Bulls make money...
Bears make money...
Hogs get slaughtered... Kids burn money.
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Joined: Sep 2011
Posts: 60,938 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,938 Likes: 15 |
Enough Sam, I'm greedy. 
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Joined: Feb 2006
Posts: 43,909 Likes: 11
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2006
Posts: 43,909 Likes: 11 |
I knew you wouldn't answer.
Damn farmers are always tight lipped about any little thing.
Weird that way.
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Joined: Sep 2011
Posts: 60,938 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,938 Likes: 15 |
Neither braggin, or campaigning Sam!
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Joined: Jan 2008
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Campfire Member
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Campfire Member
Joined: Jan 2008
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$8.00 an ear sounds better!
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Joined: Jan 2012
Posts: 6,791
Campfire Tracker
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Campfire Tracker
Joined: Jan 2012
Posts: 6,791 |
Corn finely back over 8
I sold some old crop cash 8.12 our elevator is +50 basis now
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Joined: Jun 2001
Posts: 19,089 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Jun 2001
Posts: 19,089 Likes: 2 |
Curious .How much do you figure it will cost you to grow that corn again this year?
If God wanted you to walk and carry things on your back, He would not have invented stirrups and pack saddles
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Joined: Dec 2007
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Campfire Tracker
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Campfire Tracker
Joined: Dec 2007
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Funny thing is, as good as those great prices are for the producers, the consumers are lamenting the extra cost to their end use.
Interesting how it goes.
If this years input materials are as high as the press posts and planting conditions as poor as Ag Radio says they are, then the increased costs will have to to passed along, raising prices, but helping no one.
Last edited by LouisB; 06/07/22.
Some spelling errors can be corrected by a vowel movement.
~ MOLON LABE ~
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Joined: Jan 2004
Posts: 10,314 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2004
Posts: 10,314 Likes: 3 |
Curious .How much do you figure it will cost you to grow that corn again this year? I was lucky and had my fertilizer and seed paid for before the huge hikes over the winter so this year’s corn crop will have roughly the same input cost as past couple. I figure inputs will probably go up at least a couple hundred dollars an acre for the ‘23 crop due to the higher costs for fertilizer, seed, fuel, chemicals, property taxes, parts, etc…. Let’s go Brandon!
Black Cows Matter!
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Joined: Sep 2011
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Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 60,938 Likes: 15 |
We were close this morning.
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Joined: Jan 2004
Posts: 10,314 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2004
Posts: 10,314 Likes: 3 |
Hail overnight, the premiums are gonna get paid for this year.
Black Cows Matter!
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